National Grid Share Discussion Threads

[1carus] 28/11/2023 17:38

Bountyhunter, Believe Ticker is CSPX LN ... for european(including UK) --- which is what UCITS are.
hxxps://www.blackrock.com/uk/individual/products/253743/ishares-sp-500-b-ucits-etf-acc-fund

Hope that helps.

[bountyhunter] 28/11/2023 15:38

Ticker UCITS ?

Looking back at that chart I posted, last year was poor for all indices, but particularly AIM

[1carus] 28/11/2023 12:20

It's in ISA too!

[1carus] 28/11/2023 12:11

Last year was a 22% loss though, but running at over 20% this year, think I am averaging around the 13% PA rate.

[1carus] 28/11/2023 12:09

Bounty the evil Black Rock one iShares Core S&P 500 UCITS ETF

[viscount1] 27/11/2023 23:03

I use Vanguard, which has several tickers in GBP and USD: VUSA, VUSD, VUAG, VUAA.

[bountyhunter] 27/11/2023 16:38

1c out of interest what is the epic code for the sp500 ETF which you mentioned?
I've found that there are a few related to the sp500, with and without dividend reinvestment.

[1carus] 27/11/2023 16:06

Looking at the Graph, even the share price 500 is playing catch-up to Pre covid. Each FTSE High is lower than the last one, has been a trap since recovering mid 2021. The frequency of highs looks totally contrived and it looks like we are there at the peak again it seems. Lower lows, lower highs.

[bountyhunter] 24/11/2023 19:14

Quite right, the FTSE has performed pathetically vs the SP500! The Aim market has performed the worst
I wish I had done the same as you.
The question is will the FTSE play catch-up from here or has it lost it completely lost it's way?

[1carus] 24/11/2023 16:25

Bounty, one of my best performing isa investments has been sp500 etf. Whish I had put more in it!!

[bountyhunter] 24/11/2023 15:32

So about the same as NG. Assuming however that you need to convert £ to $ and back again at some point what you gain by not paying stamp duty you would lose on the FX spreads so not really worth the effort unless you are a regular US trader. However investing in the US markets lock stock and barrel over the last few years would have easily outperformed the depressed LSE market on average.

[viscount1] 24/11/2023 15:13

Just looked and the ADR is on NYSE, ticker NGG, and I can see it as tradeable on ii with tight spreads quoted (0.05%).

[bountyhunter] 23/11/2023 17:13

Until you convert it back :)
I checked my broker's US offerings but can't find the US ADR's but maybe they are available on ii? It would be interesting to know the spread on the ADR's if available as for NG. it's minimal.

[viscount1] 23/11/2023 14:11

The FX depend on the broker though. I use ii and their FX fee is terrible but once converted you can keep the currency in USD in the trading account, so sales and reinvestments in USD have no FX fees.

[bountyhunter] 23/11/2023 13:57

Viscount - even if no SD there would be the FX spread there and back to contend with.

[bountyhunter] 23/11/2023 13:11

I tried it once and only broke even after costs! Catching the 1047 high yesterday was not a given but well done Tufty you posted your trade at the time.

[viscount1] 23/11/2023 12:18

I have not done this but presumably if you buy the US ADRs you avoid stamp duty?

[1carus] 23/11/2023 12:14

Iv'e held these for ages but must admit the sell before ex divi seems to be repeatable here. Also selling at the post xmas high and buying back in later in the year, it trades up and down by like 20% each year.

[1carus] 23/11/2023 12:10

Iv'e held these for ages but must admit the sell before ex divi seems to be repeatable here. Also selling at the post xmas high and buying back in later in the year, it trades up and down by like 20% each year.

[pierre oreilly] 23/11/2023 11:49

Mir, They're upgrading at £1bn pa. Great, the regulator allows a return based on its assets, which are increasing at a bill pa too. Afaiia.Tuffu, well done if you are into that. But was the risk worth the reward? The reward was 27p minus dealing (both selling and buying) and stamp if you pay it. I'm retrospect any profit's good of course. Spreadbets would get rid of the stamp cost and make the profit more worthwhile.

[mirandaj] 23/11/2023 11:07

An example of high expenditure taking place:

[gbh2] 23/11/2023 10:49

I took similar action, imo the latest share price action made the choice easy.

My gain is approx 3 times what I would have received with dividend.

I'm back in with ave buy/share is £10 over three purchases :)

[tuftymatt] 23/11/2023 10:26

Thanks and to be honest my track record in trying those kind of moves isn't all that great!!

Good luck all 👍🏻